Established in 1971, the Korea Development Institute (KDI) conducts extensive research in the social sciences. As the only policy research institute in Korea, KDI has contributed to the sustained growth of the Korean economy and society. KDI performs research on South Korea's macroeconomy, financial and fiscal policies, social security, labor industry, trade, and law. In the 2010 "Global Go To Think Tank Rankings" by the University of Pennsylvania, KDI was recognized as one of the 75 leading think tanks in the world and the best economic research institute in Asia. \n\nSimilarly, in the 2011 rankings, KDI was listed as one of the top 30 leading think tanks in Asia and also one of the top 30 think tanks globally in categories such as "domestic economic policy," "social policy," "international development," "science and technology," and the "best government-affiliated think tank." It was also recongnized as one of the top 50 think tanks with "the greatest impact on public policy."